Saudi bank lending to local private sector and non-financial public institutions dropped by 1 percent and 6 percent respectively in November year-on-year (YoY), figures released by Saudi Arabian Monetary Authority (SAMA) showed.
Domestic credit to the private sector dropped to SAR 1.41 trillion in November from SAR 1.42 a year earlier. While bank loans to non-financial public institutions slumped 6 percent to SAR 47.8 billion.
|
Loans to Private Sector (SAR bln) |
|||
|
Period |
2016 |
2017 |
Change |
|
January |
1384 |
1409 |
+2% |
|
February |
1405 |
1410 |
+0.4% |
|
March |
1417 |
1415 |
(0.1%) |
|
April |
1422 |
1417 |
(0.4%) |
|
May |
1433 |
1422 |
(1%) |
|
June |
1439 |
1419 |
(1%) |
|
July |
1435 |
1417 |
(1%) |
|
August |
1437 |
1422 |
(1%) |
|
September |
1435 |
1415 |
(1%) |
|
October |
1437 |
1419 |
(1%) |
|
November |
1423 |
1415 |
(1%) |
|
December |
1405 |
-- |
-- |
|
Loans to Public Non-Financial Institutions (SAR bln) |
|||
|
Period |
2016 |
2017 |
Change |
|
January |
38.0 |
40.8 |
+7% |
|
February |
41.2 |
41.5 |
+1% |
|
March |
40.5 |
45.7 |
+13% |
|
April |
46.5 |
48.3 |
+4% |
|
May |
47.1 |
50.1 |
+6% |
|
June |
47.8 |
46.9 |
(2%) |
|
July |
44.8 |
50.9 |
+14% |
|
August |
47.9 |
49.2 |
+3% |
|
September |
47.4 |
46.6 |
(2%) |
|
October |
51.3 |
47.0 |
(8%) |
|
November |
51.0 |
47.8 |
(6%) |
|
December |
49.0 |
-- |
-- |
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